The Yi Torch Festival is celebrated by Yi communities throughout the Panzhihua area, typically in late July. The main events include torch-lighting ceremonies, traditional Yi music and dance performances, bullfighting and horse racing, and wrestling competitions. Panzhihua's surrounding Yi villages celebrate with particular vigour, and the festival is one of the best opportunities to see Yi traditional dress, food, and cultural practices in their community setting.
The Panzhihua Municipal Museum has exhibits on the Yi and other minority cultures of the region if you want background before attending. Festival timing varies by village and lunar calendar — ask locally for the schedule of events nearest to the city.